I live in So cal and this is a super good idea. What many people don't know is that the cities have been big advocates for building Accessory Dwelling Units (ADU). These are smaller homes that are basically built in people's backyards. It is seen as a way to increase housing units without doing any significant rezoning of traditional zoning.
I was looking on google maps satellite view and noticed that the vast majority of homes with large backyards do not have an ADU so the potential here for investment is pretty significant I would say.
We are also in a housing crisis and rents are soaring.
I was looking on google maps satellite view and noticed that the vast majority of homes with large backyards do not have an ADU so the potential here for investment is pretty significant I would say.
We are also in a housing crisis and rents are soaring.